The Rules of Online Sports Betting
It is important that you are familiar with the rules of sports betting and you should read through the rules on the website of the sportsbook you decide to sign up to. By and large, the rules of the sportsbook are common sense rules that are designed to settle disputes before they arise and aren’t there to trick you, the bettor.
Most sportsbooks regard NHL, NFL and College Football games to be ‘Official’ once the 55 minute mark is reached. If, for whatever reason, the game passes the 55 minute mark but an event or circumstance prevents the game from being finished, the sportsbook will still honour wagers placed on the game. This may not apply to all types of wager though, so be sure to check with your sportsbook for their rules on proposition and side bets, read more soccer betting tips.
Remember also…spread bets, Totals bets and “Second Half Scoring” bets on a football game, basketball game or hockey game usually also includes scores in OT. So before you get all excited thinking you’re in the money, check those terms and conditions.
Baseball bets have action (become official) after 4.5 innings if the Home Team is winning and after 5 Innings if the away team is winning. This applies to moneyline bets. For Run Line or Totals bets, the game becomes official after 8.5 Innings if the Home Team is winning or 9 Innings if the Away Team wins. Run Line and Totals Bets are refunded if the game is ended before this point.
Basketball games are official after 43 minutes for NBA games or after 35 minutes for College games.
Sportsbooks will also have their own rules on how deposit bonuses or sign-up bonuses may be redeemed. Often the sportsbook will require that a certain amount of money must be present in your account for 30 days before your bonus becomes active. Some sign-up bonuses must be tacked onto wagers in order for the bettor to avail of them. For example, if the bettor wants to stake $20 on Buffalo, they can use some or all of their bonus to make the bet a $40 one.
Sportsbooks may also require a one time rollover of the fee you deposited in the first place in order to redeem bonuses. For example, if you deposit $500 in order to qualify for a bonus, you may need to deposit a further $500 to activate your entitlement to a bonus.
Sportsbooks may also only agree to pay out bonuses if you have not withdrawn from your account in the previous 30 days.
Sportsbook will make you jump through just about every available hoop in order to access your bonus. However, once you have a clear understanding of the terms and conditions your sportsbook is laying down for bonus redemption, you should just follow it to the letter and eventually you will be able to avail of whatever amazing offer the sportsbook.